ALC signs large Airbus-order, including A350F
Airbus and ALC announced at the Dubai Air Show that both companies signed a Letter of Intent (LoI) for an order for 111 aircraft. The deal also concludes the first order for Airbus' latest variant of the A350, the A350F and is expected to be finalized in the coming months.
The breakdown of the LoI is for 25 A220-300s, 55 A321neos, 20 A321neoXLRs, four A330neos and seven A350Fs. With this latest order, ALC is becoming one of Airbus' largest customers with orders for 607 aircraft.
ALC and Airbus also announced that they will also establish a multi-million dollar ESG (Environmental, Social and Governance) fund that will contribute towards investment into sustainable aviation development projects.
Illustration by Airbus.